AM/NS India increases HRC, CRC prices by INR 750/t ($9/t)

ArcelorMittal/Nippon Steel India (AM/NS India) has increased list prices of hot-rolled coils (HRCs) and cold-rolled coils (CRCs) by INR 750/t ($9/t) this week, sources informed SteelMint. Effective prices-

• HRC (2.5-8mm, IS2062): INR 57,500/t ($705/t)
• CRC (0.9mm, IS 513 Gr O): INR 64,250/t ($788/t)
• Prices are on exy-Mumbai basis, excluding 18% GST.